The post Big Coin is the Latest Crypto Sensation on the Binance Smart Chain – Should You Invest? appeared first on Coinpedia Fintech News
Promising to liberate individuals financially through the power of blockchain and decentralized finance, Big Coin (BCX) is an asset with a big vision. It aims to simplify transactions, create more engagement within the blockchain community, and reward those who support its ecosystem.
But in a market already flush with BEP-20 tokens, each with unique use cases, what does Big Coin do to stand out?
What is Big Coin?
Big Coin is a cryptocurrency developed on the Binance Smart Chain. Being developed on such an inclusive chain, BCX promises to alter the paradigm of digital transactions and offer users substantial returns.
As a premier crypto, it provides benefits like latency-free transactions and rewards holders for supporting the ecosystem.
Furthermore, imbued with the ethos of community-centricity, Big Coin has implemented inclusive tokenomics, which involves not charging any tax on transactions.
It has a total supply of only 50 million, which means it can use the supply-demand paradigm to appreciate in value, letting holders generate profits over the long term.
Inclusive Features Designed to Empower the Community
Offering the community a more future-centric asset is the primary motive behind the creation of Big Coin. With the following inclusive features, it has what it takes to become a leading cryptocurrency in the long run:
Offering the Best Returns on Investment
Those looking for a long-term asset to invest in will find BCX an interesting choice. Buying and holding these tokens will allow investors to gain from the token’s value appreciation over time. Being a community-centric token, multiple factors could boost its value in the long term, such as innovative decentralized applications from the community and other unique use cases.
Staking Rewards
Long-term holding is also incentivized by the project through staking. It will involve holding BCX tokens inside the staking pool and earning regular APY returns. Holding the token limits the circulating supply of the token, causing the increased demand for the crypto to boost its value.
Payment Solutions
Leveraging Binance Smart Chain’s technology, Big Coin will enable fast, low-cost, and reliable payments. Businesses can integrate BCX as a payment option, providing customers with a fast and secure way to pay for goods and services. This expands the reach of BCX and promotes its adoption in various industries, from retail to online services.
Inclusive Financial Solutions
By offering fast and accessible transactions, Big Coin is a suitable payment solution to use in unbanked regions, such as the Philippines, Nigeria, Mexico, and more, where over half the population has not been able to take advantage of traditional financial services.
Use in the DeFi Ecosystem
Big Coin can be used for various services within decentralized finance, including lending, borrowing, and liquidity provisions. This will be possible through multiple existing exchanges and Big Coin’s planned in-house exchange, which is poised to provide a simpler and more inclusive trading experience.
According to Statista, the DeFi market is projected to reach $26,170 million in 2024 and show an annual growth rate of 9.07%. For now, the DeFi sector is under almost hegemonic control of a select few projects. With Big Coin, that will change, and more people will be able to participate in this decentralized, ultra-fair economy.
Factors That Could Influence the BCX Price in the Future
Evolution of DeFi: The rise in DeFi could drive more interest toward tokens like Big Coin.
Low Fees: The promise of low fees means a low transaction overhead, which will attract many who don’t want their profits offset by high gas fees.
Audited Project: Big Coin has been audited by SolidProof and AuditAce, which adds legitimacy to this project.
Exchange Listing: Big Coin is now listed on BitMart, Dex-Trade, and BITStorage exchange, and multiple other listings are planned. Each one will enhance the token’s exposure, giving it a wider audience and boosting its value.
Big Coin is a Good Investment
Inclusive tokenomics, coupled with community engagement and planned partnerships with various businesses from different real-world industries and sectors shows how committed this project is to making the current crypto paradigm more inclusive and empowering people across the globe.
Getting the attention of major exchanges like Bitmart and Dex-Trade is also a major plus for the project.
These factors make it a good investment. Therefore, those interested can visit the company website to learn more about this project.